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AJAY GARG
Team AGBians
EVERY CHALLENGE
EVERY BOTTLENECK
EVERY
SHORTCOMING
OF SME SECTOR
RESULTS INTO
PROFESSIONAL
OPPORTUNITY AJAY GARG
Team AGBians
EACH NEW ACT
EACH NEW POLICY
EACH NEW SCHEME
EACH AMENDMENT
OPENS UP
NEW OPPORTUNITY AJAY GARG
Team AGBians
….AND IN CASE OF MSME
EVERY NEW
OPPORTUNITY FIRSTLY
KNOCK AT THE DOOR
OF STATUTORY
AUDITOR
WHY SO?
TIME TO BE FUTURE
READY
AJAY GARG
Team AGBians
MSME (DEVELOPMENT ACT, 2006
REGISTRAR OF BUSINESS
ENTITIES – Beyond RoC
CATERS TO
MANUFACTURING AND
SERVICE SECTOR BOTH
EVEN YOUR OWN FIRM IS
ELIGIBLE TO GET EM2
AJAY GARG
Team AGBians
MSME – ECONOMICALLY WEAKER SECTION OF
BUSINESS W0RLD - www.msme.gov.in
AJAY GARG
Team AGBians
MSME – ECONOMICALLY WEAKER SECTION OF
BUSINESS WORLD - www.msme.gov.in
AJAY GARG
Team AGBians
NSIC HAS AGAIN BECOME RELEVANT
PROVIDING NUMBER OF SERVICES FOR
MSME UNITS
GET RECONNECTED www.nsic.co.in
NSIC HAS AGAIN BECOME RELEVANT
PROVIDING NUMBER OF SERVICES FOR
MSME UNITS
GET RECONNECTED www.nsic.co.in
AJAY GARG
Team AGBians
NEXT BUDGET
AND
MSME WORLD
JUST FOCUS ON
EXPENDITURE
SIDE OF BUDGET
AJAY GARG
Team AGBians
MINISTRY OF MSME – WHAT’S NEW?
AJAY GARG
Team AGBians
•MACHINE PRODUCES
MORE THAN MAN
•MACHINE GIVES MORE
EMPLOYMENT THAN
MAN
•MACHINE CAN WORK
LONGER THAN MAN
•EVEN SERVICE SECTOR
PRODUCES MORE WITH AJAY GARG
Team AGBians
WHY MAKE IN INDIA ?
AJAY GARG
Team AGBians
WHY MAKE IN INDIA CAMPAIGN?WHY MAKE IN INDIA CAMPAIGN?
WE ALL ARE AWARE ABOUT PRODUCABLE
BUT BULGEONING IMPORT ITMES
* DEFENCE PRODUCTS *EDIBLE OILS
* ELECTRONIC HARDWARE *PROCESSED AGRO PRODUCT
LAST THREE ARE FORTE OF MSME SECTOR. EVEN IN FIRST MSME
WILL BECOME CHANNEL SUPPLIERS
HENCE SPECIAL THRUST ON MSME RELATED ISSUES
AJAY GARG
Team AGBians
MSME – MAKE IN INDIA CAMPAIGNMSME – MAKE IN INDIA CAMPAIGN
• DO YOU KNOW ABOUT CREATION OF ELECTRONIC
DEVELOPMENT FUND?
• SEARCH WHETHER ANY OF YOUR CLIENT IS ELIGIBLE TO GET
FUNDS UNDER SOON TO BE LAUNCHED EDF SCHEME
• SEARCH WHETHER ANY OF YOUR CLIENT IS ELIGIBLE TO GET
FUNDS UNDER ‘FUND FOR PROMOTING INNOVATION,
ENTREPRENEURSHIP AND AGRO INDUSTRY’
AJAY GARG
Team AGBians
QUALITY OF COLLATERAL SECURITY
NEITHER EQUITY NOR DEBT
DEBT – UNIQUE MODELS
DEBT – UNIQUE INSTRUMENTS
EQUITY – VCF – BIG NO
EQUITY – ANGEL INVESTOR – YES
OPPORTUNITIES - IMMENSE
AJAY GARG
Team AGBians
EXCITING TIMES FOR SMPs
• IS IT TIME TO MOVE ON AND LOOK
BEYOND AUDIT ? PERHAPS YES
• IS IT TIME TO MOVE ON AND LOOK
BEYOND LARGE MANUFACTURING
UNITS? PERHAPS YES
• IS IT TIME TO MOVE ON AND LOOK
BEYOND MANUFACTURING
SECTOR? PERHAPS YES
EASE OF DOING BUSINESS – REFORMSEASE OF DOING BUSINESS – REFORMS
AJAY GARG
Team AGBians
TARGET TO IMPROVE EODB RANKING
DIGITAL INDIA
REDUCTION IN NUMBER OF FORMS –
WILL THERE BE SINGLE TAX NUMBER ?
ONLINE CLEARANCE MECHANISM – IS
IT POSSIBLE AND PRACTICAL?
GOVERNMENT APPROVALS – SINGLE
WINDOW – CAN IT HAPPEN?
SMPs – EYE CANDY MINISTRIESSMPs – EYE CANDY MINISTRIES
AJAY GARG
Team AGBians
• Ministry of MSME www.msme.gov.in
• Ministry of Entrepreneurship, Skill
Development, YAS www.yas.nic.in
• Ministry of Food Processing
Industries www.mofpi.nic.in
• Ministry of Road Transport and
Highways www.morth.nic.in
• Ministry of Urban Development
www.moud.nic.in
• Ministry of Social Justice and
Empowerment
www.socialjustice.nic.in
Proprietorship and Partnership Mode
of Doing Business – Relevant Again
AJAY GARG
Team AGBians
AJAY GARG
Team AGBians
Address :North Delhi
Bhavishya Nidhi Bhawan, 
28, Community Centre, 
Wazirpur Industrial Area, Delhi-110052 AJAY GARG
Team AGBians
NEW ERA BEGINS WITH UAN
AND DSC BASED FILING
• Registration
•Modifications
•Records
• Returns
• Updations
• Registration
•Modifications
•Records
• Returns
• Updations
http://www.esic.nic.in/rajasthan-boffice.php AJAY GARG
Team AGBians
AJAY GARG
Team AGBians
AJAY GARG
Team AGBians
 Traditional Practice is Shrinking
 New Opportunities are Emerging.
 To Stand Ahead – Align with New
Emerging Opportunities.
My Life – My Choice.
AJAY GARG
Team AGBians
EXPLORE - THINK -
ACT
CA Professionals & SMEs in Make in India

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CA Professionals & SMEs in Make in India

  • 2. EVERY CHALLENGE EVERY BOTTLENECK EVERY SHORTCOMING OF SME SECTOR RESULTS INTO PROFESSIONAL OPPORTUNITY AJAY GARG Team AGBians
  • 3. EACH NEW ACT EACH NEW POLICY EACH NEW SCHEME EACH AMENDMENT OPENS UP NEW OPPORTUNITY AJAY GARG Team AGBians
  • 4. ….AND IN CASE OF MSME EVERY NEW OPPORTUNITY FIRSTLY KNOCK AT THE DOOR OF STATUTORY AUDITOR WHY SO? TIME TO BE FUTURE READY AJAY GARG Team AGBians
  • 5. MSME (DEVELOPMENT ACT, 2006 REGISTRAR OF BUSINESS ENTITIES – Beyond RoC CATERS TO MANUFACTURING AND SERVICE SECTOR BOTH EVEN YOUR OWN FIRM IS ELIGIBLE TO GET EM2 AJAY GARG Team AGBians
  • 6. MSME – ECONOMICALLY WEAKER SECTION OF BUSINESS W0RLD - www.msme.gov.in AJAY GARG Team AGBians
  • 7. MSME – ECONOMICALLY WEAKER SECTION OF BUSINESS WORLD - www.msme.gov.in AJAY GARG Team AGBians
  • 8. NSIC HAS AGAIN BECOME RELEVANT PROVIDING NUMBER OF SERVICES FOR MSME UNITS GET RECONNECTED www.nsic.co.in NSIC HAS AGAIN BECOME RELEVANT PROVIDING NUMBER OF SERVICES FOR MSME UNITS GET RECONNECTED www.nsic.co.in AJAY GARG Team AGBians
  • 9. NEXT BUDGET AND MSME WORLD JUST FOCUS ON EXPENDITURE SIDE OF BUDGET AJAY GARG Team AGBians
  • 10.
  • 11.
  • 12. MINISTRY OF MSME – WHAT’S NEW? AJAY GARG Team AGBians
  • 13. •MACHINE PRODUCES MORE THAN MAN •MACHINE GIVES MORE EMPLOYMENT THAN MAN •MACHINE CAN WORK LONGER THAN MAN •EVEN SERVICE SECTOR PRODUCES MORE WITH AJAY GARG Team AGBians WHY MAKE IN INDIA ?
  • 14. AJAY GARG Team AGBians WHY MAKE IN INDIA CAMPAIGN?WHY MAKE IN INDIA CAMPAIGN? WE ALL ARE AWARE ABOUT PRODUCABLE BUT BULGEONING IMPORT ITMES * DEFENCE PRODUCTS *EDIBLE OILS * ELECTRONIC HARDWARE *PROCESSED AGRO PRODUCT LAST THREE ARE FORTE OF MSME SECTOR. EVEN IN FIRST MSME WILL BECOME CHANNEL SUPPLIERS HENCE SPECIAL THRUST ON MSME RELATED ISSUES
  • 15. AJAY GARG Team AGBians MSME – MAKE IN INDIA CAMPAIGNMSME – MAKE IN INDIA CAMPAIGN • DO YOU KNOW ABOUT CREATION OF ELECTRONIC DEVELOPMENT FUND? • SEARCH WHETHER ANY OF YOUR CLIENT IS ELIGIBLE TO GET FUNDS UNDER SOON TO BE LAUNCHED EDF SCHEME • SEARCH WHETHER ANY OF YOUR CLIENT IS ELIGIBLE TO GET FUNDS UNDER ‘FUND FOR PROMOTING INNOVATION, ENTREPRENEURSHIP AND AGRO INDUSTRY’
  • 16. AJAY GARG Team AGBians QUALITY OF COLLATERAL SECURITY NEITHER EQUITY NOR DEBT DEBT – UNIQUE MODELS DEBT – UNIQUE INSTRUMENTS EQUITY – VCF – BIG NO EQUITY – ANGEL INVESTOR – YES OPPORTUNITIES - IMMENSE
  • 17. AJAY GARG Team AGBians EXCITING TIMES FOR SMPs • IS IT TIME TO MOVE ON AND LOOK BEYOND AUDIT ? PERHAPS YES • IS IT TIME TO MOVE ON AND LOOK BEYOND LARGE MANUFACTURING UNITS? PERHAPS YES • IS IT TIME TO MOVE ON AND LOOK BEYOND MANUFACTURING SECTOR? PERHAPS YES
  • 18. EASE OF DOING BUSINESS – REFORMSEASE OF DOING BUSINESS – REFORMS AJAY GARG Team AGBians TARGET TO IMPROVE EODB RANKING DIGITAL INDIA REDUCTION IN NUMBER OF FORMS – WILL THERE BE SINGLE TAX NUMBER ? ONLINE CLEARANCE MECHANISM – IS IT POSSIBLE AND PRACTICAL? GOVERNMENT APPROVALS – SINGLE WINDOW – CAN IT HAPPEN?
  • 19. SMPs – EYE CANDY MINISTRIESSMPs – EYE CANDY MINISTRIES AJAY GARG Team AGBians • Ministry of MSME www.msme.gov.in • Ministry of Entrepreneurship, Skill Development, YAS www.yas.nic.in • Ministry of Food Processing Industries www.mofpi.nic.in • Ministry of Road Transport and Highways www.morth.nic.in • Ministry of Urban Development www.moud.nic.in • Ministry of Social Justice and Empowerment www.socialjustice.nic.in
  • 20. Proprietorship and Partnership Mode of Doing Business – Relevant Again AJAY GARG Team AGBians
  • 22. Address :North Delhi Bhavishya Nidhi Bhawan,  28, Community Centre,  Wazirpur Industrial Area, Delhi-110052 AJAY GARG Team AGBians NEW ERA BEGINS WITH UAN AND DSC BASED FILING
  • 23. • Registration •Modifications •Records • Returns • Updations • Registration •Modifications •Records • Returns • Updations http://www.esic.nic.in/rajasthan-boffice.php AJAY GARG Team AGBians
  • 26.  Traditional Practice is Shrinking  New Opportunities are Emerging.  To Stand Ahead – Align with New Emerging Opportunities. My Life – My Choice. AJAY GARG Team AGBians EXPLORE - THINK - ACT